Use Estimation to Select the Best Response

question 173

Multiple Choice

Use estimation to select the best response. Do not calculate. Assume that there is an (unknown) interest rate that is charged. If you purchase an item for $1,195.95 and pay for it with monthly installments for 4 years, the monthly payment is ______.

• A) about $25 per month
• B) more than $100 per month
• C) more than $25 per month and less than $100 per month
• D) about $100 per month
• E) less than $25 per month

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Definitions:

Defense Mechanism

Unconscious mechanisms employed to shield oneself from anxiety caused by thoughts or feelings considered unacceptable.

Denial

A defense mechanism in which confrontation with a personal problem or with reality is avoided by denying the existence of the problem or reality.

Parietal Lobe

A region of the brain associated with processing sensory information regarding the location of parts of the body as well as visual information.

Hockey Player

An athlete who participates in the sport of hockey.